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- Tasks: Manage client portfolios and support reinsurance recoveries through accurate processing.
- Company: Join a diverse and inclusive company with a supportive culture.
- Benefits: Free parking, flexible hours, study support, and career growth opportunities.
- Other info: Hybrid working model with a focus on professional development.
- Why this job: Make an impact in the reinsurance industry while developing your skills.
- Qualifications: Experience in reinsurance and strong Excel skills are preferred.
The predicted salary is between 30000 - 40000 £ per year.
Our Client Support Services department has an opportunity for a Pro Rata Technician. This is available on a hybrid basis, offering home working for 2 days a week, with the other 3 days based in our office in Witham.
As a Pro Rata Technician, you will support our client base through transactional processing, securing reinsurance recoveries through timely and accurate system entry.
Responsibilities- Manage an assigned client portfolio, taking full responsibility of technical duties relating to client accounts.
- Work with Market Fiduciary to assist with collection of funds.
- Manage all Pro Rata post, brokerage receivables, funding, retention, e‑trading, ad‑hoc reporting requests, and all transactional process steps. This is inclusive of renewals.
- Promote, build and maintain relationships with Brokers, Clients and Markets.
- Participate in training sessions and provide input within the team and/or department for all aspects of reinsurance service processing to assist with troubleshooting.
- Reinsurance Premium/Claims experience, e.g., handling cash loss/large loss.
- Competent Excel skills and proficiency in Microsoft Office Applications.
- Willingness to learn and develop knowledge of technical account structure.
- Successful management of workload; with an ability to manage expectations.
- Optional Experience within Pro Rata.
- Experience of working in a technical capacity for a Broker.
- Experience of using London Market systems such as LORS and the IMR (Insurance Market Repository).
- Knowledge of the CLASS system is useful for review of London market queries.
- Knowledge of Letters of Credit and the Citibank process.
- Free parking close to the Witham office.
- Support with study towards CII qualifications and opportunities to learn and progress in your career.
- Flexible ‘Finish Early Friday’ working hours from May until 29th August.
- Professional development opportunities, supportive leaders, inclusive culture.
- Career growth opportunities and benefits to enhance well‑being.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process.
Reinsurance Technician - Pro Rata in Essex employer: Guy Carpenter
Contact Detail:
Guy Carpenter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Technician - Pro Rata in Essex
✨Tip Number 1
Network like a pro! Reach out to people in the reinsurance industry, especially those who work with Pro Rata. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can talk confidently about reinsurance processes and systems like LORS and CLASS. We want you to shine!
✨Tip Number 3
Show off your Excel skills! Be ready to discuss how you've used Excel in past roles. Maybe even bring examples of reports or analyses you've done. It’ll show you’re the right fit for managing client portfolios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Reinsurance Technician - Pro Rata in Essex
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pro Rata Technician role. Highlight your reinsurance experience and any relevant skills, like your Excel proficiency. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background fits with our client support services. Let us know what excites you about working with us at StudySmarter.
Showcase Your Technical Skills: Since this role involves managing client accounts and using systems like LORS and CLASS, make sure to mention any relevant technical skills or experiences. We love seeing candidates who are ready to hit the ground running!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy and straightforward!
How to prepare for a job interview at Guy Carpenter
✨Know Your Reinsurance Basics
Make sure you brush up on your reinsurance knowledge, especially around Pro Rata processes. Familiarise yourself with terms like cash loss and large loss handling, as well as the CLASS system. This will show that you're not just interested in the role but also understand the industry.
✨Showcase Your Excel Skills
Since competent Excel skills are a must, be prepared to discuss how you've used Excel in previous roles. Bring examples of reports or analyses you've created. If possible, practice some common functions or formulas that might come up during the interview.
✨Demonstrate Relationship Building
This role involves maintaining relationships with Brokers and Clients, so think of examples where you've successfully built rapport in past positions. Be ready to share how you handle difficult conversations or resolve conflicts, as this will highlight your interpersonal skills.
✨Prepare Questions About the Role
Have a few thoughtful questions ready about the Pro Rata Technician position and the team dynamics. This shows your enthusiasm for the role and helps you gauge if it's the right fit for you. Ask about training opportunities or how success is measured in the role.